Current coverage ratio (31 August 2024): 120.1 %

The coverage ratio is the ratio between the fund's assets and liabilities. The higher the coverage ratio, the better the financial situation. The current coverage ratio is a snapshot and reflects the financial situation at a single point in time. The development of the current coverage ratio in recent years can be found here.

Decisions are based on the policy coverage ratio, which is the average coverage ratio over the last 12 months. The trend in the policy coverage ratio can be found here. The policy coverage ratio determines, for example, whether we can increase pensions (profit sharing) or whether we have to reduce them (cuts). The (policy) coverage ratio on 31 December determines whether we can increase pensions or must reduce them.

For our pension fund, pensions may be increased if the policy coverage ratio at the end of any year exceeds 110 %. The amount of the increase is determined by the statutory rules on future-proof indexation.